IndustrialMLS® 40871779$385,000
1508 UPPER JAMES Street
Hamilton, Ontario L9B1K3
- 3,038 sq ft
243 QUEEN Street N
Hamilton, Ontario L8R3N6
$12,250,000
MLS® 40873516
- 80,939 sq ftInterior
Overview
Fully leased income-producing industrial investment situated on a 7.44-acre site near Hamilton's West Harbor. The property offers approximately 80,939 SF across three industrial units and is being offered at a 6.73% going-in cap rate, with a 3.8-year WALT and built-in rental escalations. The building features clear heights reaching approximately 54', eight drive-in doors, and cranes: one 45-ton, two 30-ton and one 5-ton. Zoned D2 and P5, with significant land area, ample surface parking and outdoor yard space. An opportunity to acquire a stabilized industrial asset with secure in-place income and contractual rental growth. (id:57793)
Property details
- MLS® number
- 40873516
- Price
- $12,250,000
- Listing
- For sale
- Property type
- Industrial
- Building type
- Other
- Interior size
- 80,939 sq ft
- Basement
- None
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Zoning
- D2, P5
- Annual taxes
- $198,466
Location
- Address
- 243 QUEEN Street N
- City
- Hamilton
- Province
- Ontario
- Postal code
- L8R3N6
- Country
- Canada
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IndustrialMLS® 40871779
